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This story is from the category Connectivity
Date posted: 09/04/2007 Three African nations: Kenya, Burundi and Madagascar have secured $164.5m (?83.3m) from the World Bank to help roll-out high-speed internet networks. Kenya will take the lion's share of the funding, with a $114.4m loan. Madagascar is due to receive a $30m loan, while Burundi will receive a grant worth $20.1m, the World Bank said. The Washington-based lender said businesses in the three countries were being held back because of the lack of high-speed internet networks. World Bank president Paul Wolfowitz said Africa was becoming increasingly "plugged-in". "Improving broadband connectivity will add tremendous public value for Africa," he said. "Low-cost, high-quality communications is essential for economic competitiveness." See the full Story via external site: news.bbc.co.uk Most recent stories in this category (Connectivity): 14/06/2013: Data Highways for Quantum Information |
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